Houlihan Financial Resource Group Ltd. Buys 97 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Houlihan Financial Resource Group Ltd. grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% in the third quarter, HoldingsChannel reports. The firm owned 41,947 shares of the company’s stock after buying an additional 97 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 2.5% of Houlihan Financial Resource Group Ltd.’s investment portfolio, making the stock its 12th largest holding. Houlihan Financial Resource Group Ltd.’s holdings in SPDR S&P Dividend ETF were worth $5,958,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SDY. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF during the third quarter valued at approximately $31,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth about $32,000. Russell Investments Group Ltd. raised its position in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at about $34,000. Finally, Assetmark Inc. increased its position in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.6 %

Shares of SDY opened at $141.55 on Friday. The firm has a market capitalization of $22.39 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a fifty day moving average price of $140.52 and a 200-day moving average price of $134.28. SPDR S&P Dividend ETF has a 12-month low of $113.20 and a 12-month high of $144.06.

About SPDR S&P Dividend ETF

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.